Great News For ISA Holders

New rules from the Treasury on Individual Savings Accounts will see investors receive a better deal.  Some ISAs impose a period of time, or lock in, where investors give up access to their money in return for guaranteed or fixed returns.  The new rules from the Treasury mean that investors will be able to take their money out or transfer it to another company without losing benefits.For investors already in existing fixed term, lock in ISAs, their ISA will be allowed to run under the existing terms and conditions, if it was taken out before 24 August 2002.  An Inland Revenue spokesperson said that any new ISA products should fall in line with the amended regulations, "making ISAs an easy access savings system".  Great news, we think.............?  Why not use our Guide to selecting your ISA?